People Moves

Gartmore Makes Two Senior Appointments

Ilya Timofeyev Reporter in London 3 September 2010

Gartmore Makes Two Senior Appointments

Gartmore, the London-headquartered asset manager, has appointed Jonathan Bloom as general counsel to succeed Bill McGowan, and Adam McConkey as head of UK smaller companies to succeed Gervais Williams.

In his new role, Bloom, reporting to the firm's chief executive officer Jeff Meyer, will be responsible for legal and company secretarial functions, Gartmore said in a statement. Prior to the appointment, Bloom was general counsel and company secretary at New Star Asset Management Group. Before that he also held a number of public company general counsel roles.

Meanwhile Adam McConkey was promoted to head of UK smaller companies, reporting to Dominic Rossi, the firm’s chief investment officer. McConkey joined Gartmore in 2000 and most recently was a senior investment manager in the UK smaller companies team.

According to several media reports, Gervais Williams, McConkey’s predecessor, is the second high-profile manager to depart Gartmore after the firm’s star trader Guillaume Rambourg resigned in July this year.

In other developments, last month Gartmore reported a 10.3 per cent drop in assets under management in the first six months of 2010, bringing them to £19.9 billion (around $31 billion) as of 30 June, compared to £22.2 billion at the end of 2009.

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